YEARLY HIGH
5470.8533 LBP
YEARLY LOW
868.8287 LBP
YEARLY AVERAGE
4288.6073 LBP

2024 MXN to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 5470.8533. Conversely, the yearly low was recorded on January 23, dropping to 868.8287.

This high-to-low spread represents a total annual volatility of 4602.0246 LBP. From a start-to-finish perspective, comparing the January average rate of 881.2115 to the December average rate of 4420.3996, the exchange rate registered a net change of 401.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5470.8533 was up 503.07% compared to the 2023 peak of 907.1675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 273,542,666 LBP
2023 Average 39,014,023 LBP
Yearly Trough Low 43,441,437 LBP
Transaction Impact: A difference of 230,101,229.38 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5786.2011
435.3034
JanuMarcMayJulySeptNove

MXN to LBP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 3981.0438, compared to 4596.1708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 615.1270 points.

H1 Avg (Jan–Jun) 3981.0438
H2 Avg (Jul–Dec) 4596.1708

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 4383.6569 LBP (High: 5257.2439 / Low: 873.5870). On the other end, January was the most stable month, with a tight range of 22.5894 LBP (High: 891.4181 / Low: 868.8287).

February Spread (Volatile) ±4383.6569
January Spread (Stable) ±22.5894

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 402.2788 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -402.2788

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 5326.6153) against the same month in 2023 (average: 835.5175), the exchange rate shifted by +4491.0979 (+537.52%).

2024 Avg (April) 5326.6153
2023 Avg (April) 835.5175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 891.4181 868.8287 881.2115
February 5257.2439 873.5870 2081.7112
March 5419.3260 5245.3914 5340.2930
April 5470.8533 5207.7491 5326.6153
May 5414.7148 5261.7787 5329.3554
June 5272.3471 4773.7304 4927.0766
July 5074.4334 4772.3718 4946.5702
August 4801.6199 4520.4070 4673.6998
September 4688.7147 4457.0908 4571.3897
October 4661.3164 4444.2496 4555.7049
November 4520.5858 4325.9749 4409.2608
December 4457.8719 4291.5332 4420.3996